08 June 2008
Joining hands with the Egyptian Dorra Group With the presence of Engineer Ahmad Al Magraby Minister of Housing, Utilities and Urban Development and Dr. Samy Zaghloul the Secretary General in the Cabinet of Ministers, Cayan Investment and DevelopmentCayan Investment and DevelopmentCayan Investment and Development
Cayan
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and Dorra GroupDorra GroupDorra Group
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launch Capital Business Park their first joint project in Egypt.
Ahmad Al Hatti, Chairman of Cayan said, "As a leading property developer with luxurious projects in Dubai and Jeddah, we felt it's timely to enter the Egyptian market with a strategic partner such as Dorra GroupDorra GroupDorra Group
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. Capital Business Park was created to be the first exclusive professional business park in Egypt. Our aim is to present unrivaled facilities in order to attract the most eminent names in the business field."
"Capital Business Park was designed to be one of its kinds in Egypt, located in Sheikh Zayed city. The project's design, architectural finishing and its trouble free access points to and from downtown Cairo, makes the Capital Business Park the prime location for any corporate address; the project is designed by Hazel Wong (RMJM) who has received various international awards for her work, her most known projects are Emirates Towers in Dubai and Lamar in Jeddah. "added Eng. Omar Dorra - the Managing Director of Dorra GroupDorra GroupDorra Group
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.
This exclusive project costing more than 1.5 billion AED is located in a dynamic, contemporary, and state of the art professional business hub, on the main road of Sheikh Zayed city, set within a stress free environment of luscious landscaping and ornamentation. Capital business park tenants will benefit from various deluxe amenities and facilities. State of the art security and surveillance available 24/7, to ensure the safety of your work surroundings, as well as concierge and customer service facilities available around the clock.
The project consists of 7 office buildings, 5 of which have 6 levels and the rest have 18 levels. Moreover, various office sizes ranging from 200sqm to 1000sqm are available to meet every need and request. In addition to the parking spaces that are available for every office, parking spaces for the shopping mall are available which provides Capital Business Park will a unique advantage.
-Ends-
About Cayan Investment & Development
Cayan is a regional player with presence in Dubai, Riyadh, Jeddah and now in Cairo with a portfolio of over $2.5Billion. The company has developed several residential projects in Dubai, namely the recently completed La Residencia Del Mar, Dorrabay and The Jewels at Dubai Marina. The exquisite Infinity Tower which is the only 90 degree twisting tower in the world is also being developed at a prime location in Dubai Marina. It is also developing Cayan Business Centre, a freehold commercial tower in TECOM on Sheikh Zayed Road. In KSA, Cayan is developing the Lamar project, a one of its kind 7 star luxury project.
About Dorra Group
Originally founded in 1943, the Dorra Group
has navigated its way to success and has flourished into a market leader within major fields such as; Real Estate Development and Investment, a diverse portfolio of industrial and governmental activities, Red Sea and Mediterranean Sea tourism investment and property development, cement production, an intricate series of strategic alliances and partnerships with International conglomerates of outstanding repute, and an overwhelming market reorganization or being the first Real Estate Developer to enter and embark on construction and property developments within Sheikh Zayed City of Cairo.
Thus, such accolades and distinction has launched the Dorra GroupDorra GroupDorra Group
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not only locally but respectably into international market, foremost within the Gulf and MENA Region, as a pioneer and a trusted name in the field of real estate.